Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain games.
Fenix Games’ latest funding round saw participation from investors, including Phoenix Group and Dubai-based venture capital firm Cypher Capital, билдирди local news media Jinse. Chris Ko, CEO and co-founder of Fenix Games, who previously led Mythical Games, деп эсептейт Fenix Games “like a VC fund” for fueling the next generation of blockchain games.
Sharing details into the post-funding gameplan, Ko stated:
«Биз чындыгында ошол (кийинки муундагы оюн) студияларына инвестициялоо үчүн чоң капиталдан баштайбыз. Биз ошондой эле портфолио түзүү үчүн Web2 мейкиндигинде учурдагы оюндардын бир тобун сатып алуу үчүн балансыбызды колдонууну издеп жатабыз.
Ko also highlighted that the market for blockchain gaming does not exist as it did for traditional video games such as gaming consoles and mobile gaming. Fenix Games’ strategy going forward is to develop the gaming ecosystem through publishing initiatives.
байланыштуу: Ийгиликке жетүү үчүн крипто оюну кызыктуу болушу керек — Акча маанилүү эмес
GameFi’s constantly evolving model could make “today’s AAA game companies look like peanuts,” said Jack O’Holleran, CEO of Skale, a multichain Ethereum-native network that powers Web3 games.
Finding a sustainable GameFi model, however, remains a challenge. User experience ranks amid the top struggles in the industry owing to high gas fees and technical complexity around buying, owning and trading алмаштырылбаган токендер (NFTs).
Source: https://cointelegraph.com/news/fenix-games-raises-150m-to-fuel-next-generation-blockchain-gaming